Grupo Chedraui (CHDRAUIB.MX, $7.84 USD) Raises Dividend, Forecasts Improved Operating Margins in 2024 and Provides Color on Supercito Format.
The Grupo Chedraui Q4 conference call offered insights that suggest a Chedraui has designs upon mimicking the highly successful ALDI format, in Mexico. The Supercito banner in Mexico operated by Grupo Chedraui represents a relatively novel venture. Small footprint local…
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